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Stefan Kemp:

The Primacy of Financial Objectives How Family Businesses Make a Difference 3 - Paperback

2012, ISBN: 9783899368697

Softcover, PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from… More...

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The Primacy of Financial Objectives How Family Businesses make a Difference - Kemp, Stefan
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Kemp, Stefan:

The Primacy of Financial Objectives How Family Businesses make a Difference - used book

2009, ISBN: 9783899368697

[PU: Josef Eul Verlag], 6097225/1, DE, [SC: 0.00], gebraucht; sehr gut, gewerbliches Angebot, Banküberweisung, PayPal, Klarna-Sofortüberweisung, Internationaler Versand

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Kemp, Stefan:
The Primacy of Financial Objectives: How Family Businesses make a Difference - Paperback

2009

ISBN: 9783899368697

Trade paperback, New., Trade paperback (US). Glued binding. 232 p., [PU: Josef Eul Verlag Gmbh]

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Stefan Kemp:
The Primacy of Financial Objectives (Family Business) - Paperback

2009, ISBN: 9783899368697

Josef Eul Verlag GmbH, 2009-12-03. Paperback. Good., Josef Eul Verlag GmbH, 2009-12-03, 2.5

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Stefan Kemp:
The Primacy of Financial Objectives: How Family Businesses make a Difference: 3 - Paperback

2009, ISBN: 389936869X

[EAN: 9783899368697], Neubuch, [PU: - -], Books

NEW BOOK. Shipping costs: EUR 3.71 Chiron Media, Wallingford, United Kingdom [55661942] [Rating: 4 (von 5)]
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The Primacy of Financial Objectives
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ISBN:

9783899368697


The pursuit of financial profit has always been, and will continue to be, the core concern for private sector organisations. There has been an unquestioning acceptance that the maximisation of financial return is the primary driver for all private sector firms regardless of the nature of these firms. This book challenges the simplicity of that assumption.Using empirical research undertaken in a variety of private sector organisations in Germany this book demonstrates that there are differences which reflect the nature of the firm in question. The research compares family and non-family firms and finds significant variations in organisational objectives. The priorities, structure and financial drivers of family firms differ markedly from those of non family firms and, unsurprisingly, strongly reflect the family influence. Yet, the dominant paradigm in current management thinking is centred on public limited companies (PLC) managed by professionals and overseen by a Board of Directors representing the interests of a large number of shareholders. Even here the evidence is that the achievement of maximum return on invested capital is not necessarily the first and only priority.In western economies family firms have significant macroeconomic importance. Taking a differentiated view on private sector organisations matters to practitioners and politicians who must ensure their decisions are being made on the right premises. Researchers may feel invited to interdisciplinary research initiatives that integrate findings from family business research and other academic fields.

Details of the book - The Primacy of Financial Objectives


EAN (ISBN-13): 9783899368697
ISBN (ISBN-10): 389936869X
Hardcover
Paperback
Publishing year: 2009
Publisher: Josef Eul Verlag GmbH
232 Pages
Weight: 0,337 kg
Language: eng/Englisch

Book in our database since 2010-04-23T13:21:05+01:00 (London)
Detail page last modified on 2023-07-03T11:48:18+01:00 (London)
ISBN/EAN: 9783899368697

ISBN - alternate spelling:
3-89936-869-X, 978-3-89936-869-7
Alternate spelling and related search-keywords:
Book author: kemp stefan
Book title: objective, make

Information from Publisher

Author: Stefan Kemp
Title: Familiy Business; The Primacy of Financial Objectives; The Primacy of Financial Objectives - Evidence from German Family PLCs - How Family Businesses make a Difference
Publisher: Josef Eul Verlag
214 Pages
Publishing year: 2009-12-04
Weight: 0,335 kg
Language: English
56,00 € (DE)
57,80 € (AT)
93,00 CHF (CH)
Not available, publisher indicates OP

BC; PB; Hardcover, Softcover / Wirtschaft/Betriebswirtschaft; Betriebswirtschaft und Management; Family Business; Profit Maximisation; Public Limited Company

The pursuit of financial profit has always been, and will continue to be, the core concern for private sector organisations. There has been an unquestioning acceptance that the maximisation of financial return is the primary driver for all private sector firms regardless of the nature of these firms. This book challenges the simplicity of that assumption. Using empirical research undertaken in a variety of private sector organisations in Germany this book demonstrates that there are differences which reflect the nature of the firm in question. The research compares family and non-family firms and finds significant variations in organisational objectives. The priorities, structure and financial drivers of family firms differ markedly from those of non family firms and, unsurprisingly, strongly reflect the family influence. Yet, the dominant paradigm in current management thinking is centred on public limited companies (PLC) managed by professionals and overseen by a Board of Directors representing the interests of a large number of shareholders. Even here the evidence is that the achievement of maximum return on invested capital is not necessarily the first and only priority. In western economies family firms have significant macroeconomic importance. Taking a differentiated view on private sector organisations matters to practitioners and politicians who must ensure their decisions are being made on the right premises. Researchers may feel invited to interdisciplinary research initiatives that integrate findings from family business research and other academic fields.
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